Resolute Mining has completed the sale of the Ravenswood gold mine in Queensland to a consortium comprising EMR Capital and Singapore-listed Golden Energy and Resources.
Resolute Mining has continued its mining and processing operations at the Syama and Mako gold mines in West Africa without coronavirus impacting production.
Resolute Mining expects no changes to employment at the Ravenswood gold mine in Queensland after agreeing to sell the operation to EMR Capital.
Resolute Mining is in advanced negotiations with EMR Capital Management over the potential sale of the Ravenswood gold mine in Queensland.
Resolute Mining aims to lift its gold production for the 2020 financial year to 500,000 ounces, up from its previous year’s guidance of 400,000 ounces.
Resolute Mining has beaten the odds with surging gold production for the December 2019 quarter despite an operational setback at the Syama mine in Mali, West Africa.
Resolute is eyeing solar power delivery at the Syama gold mine in south Mali, Africa by the third quarter of 2020 after signing a 16-year contract with Aggreko.
Resolute Mining has completed an equipment repair at the Syama gold mine in Mali, West Africa that involved 200 personnel from 22 countries at peak.
Resolute Mining is set to partner with power generation provider Aggreko in developing a hybrid power station at its Syama gold mine in Mali, West Africa.
Resolute Mining’s Syama gold mine sulphide roaster is set to be fully operational by early to mid-December, after it was damaged and taken offline during October.
The Queensland Government has issued an environment authority permit to Resolute Mining for its Ravenswood expansion project in north Queensland.
Resolute Mining is continuing to ramp up operations at the Syama underground mine in Mali, West Africa despite the disruptive breakdown of a key component.
Resolute Mining has taken the roaster offline at its Syama gold mine in Mali, due to a crack being detected in the main external shell.
Resolute Mining has had a golden September quarter, pouring a total of 103,201 ounces of gold.
Acquisition is the way to survival as major new greenfields discoveries appear to have dried up, according to PCF Capital principal Liam Twigger.
Resolute Mining has commenced an upgrade of the Ravenswood gold mine in Queensland that has been designed to deliver a significant boost to the site’s processing capacity.
The Australian dollar gold price has moved above $2300 an ounce for the first time in history as fears surrounding the United States–China trade wars have again impacted global economic markets.
Stay on top of the most read articles on the Australian Mining website over the past week, including the discoveries of gold nuggets across Australia.
Resolute Mining has entered into a trading halt on the ASX ahead of an announcement relating to a proposed acquisition.
Resolute Mining will ramp up an expansion of the Ravenswood gold mine in Queensland after announcing a major upgrade in mineral resources and ore reserves for the site.